# Pig outlook: Lean hog prices rebound from June lows
						 | The Pig Site

> Lean hog futures have recovered from their June low but face chart resistance just above current prices. US pork packers have been operating in the red, with HedgersEdge estimating negative margins near $30 per head. The CME lean hog index rose to $110.45 as of June 20, its highest level since August.

- Date: 2022-06-24 · published 2022-06-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41098-pig-outlook-lean-hog-prices-rebound-from-june-lows-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Negative packer margins could slow the recent cash hog rally once slaughter supplies build in the second half of the year. Firm cash fundamentals still support futures, so the net price direction is mixed but leaning up.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-prices-rebound-from-june-lows

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.